John Loxley, a professor of economics at the University of Manitoba, has won the 2008 CAUT Distinguished Academic Award.

A three-person jury unanimously recommended Loxley for the award, which recognizes academics who have excelled in their teaching, research and service to both the institution and the community.

Loxley said receiving the award was a surprise.

“I feel very honoured. I have great respect for CAUT, so this award is a double privilege,” he said.

The jury noted that Loxley’s research in his field of finance has had a “major impact” on development economics and community economic development; that his commitment to teaching plays a key role in enhancing the educational experience of students at both undergraduate and graduate levels; and that his “extraordinary service record reflects his principled commitment to making academic work relevant to those who most need advocacy in the struggle for social justice and a decent life.”

The award, given annually since 2006, includes a cash prize, a plaque and an invitation to address the CAUT spring Council session.

Loxley attended along with members of his family to receive the award in Ottawa. His address to Council will be published this fall.

Transcripts of previous winners’ acceptance speeches can also be accessed on the CAUT web site.